• Loading stock data...
Thursday, April 3, 2025
Nominations Are Open for Front Office Sports Honors! Submit Now

Panthers $2B HQ Project Could Be ‘Permanently Abandoned’

Carolina-Panters
Carolina Panthers

The Carolina Panthers have been silent about their unfinished headquarters development, and a York County councilman told Charlotte Business Journal that he thinks the team has permanently abandoned the project.

Tepper Sports and Entertainment, the Panthers’ parent company, paused work on the 240-acre development nearly one month ago due to Rock Hill’s failure to distribute $225 million worth of bonds for infrastructure improvements.

“This is going to be a stain on our name for other businesses,” councilman Bump Roddey said, acknowledging that the city didn’t keep its end of the bargain. Roddey believes the Panthers will seek to recover their expenses from the city of Rock Hill.

  • CBJ reported that earlier estimates showed private investment on the project would total as much as $2 billion upon completion, with local and state governments committing $400 million.
  • The project included a 5,000-seat stadium field, an indoor practice center, and medical, training, and nutrition facilities. Tepper, which owns the plot, has plans to develop the area over the next 20 years.

Silence Speaks

Tepper Sports hasn’t commented on the project since its March statement, where it revealed it had already invested more than $170 million in the project. The company has also not agreed to a new financing program proposed by York County.

“My best guess is they’re not saying anything because they’re working on the legal part,” Roddey said. South Carolina Gov. Henry McMaster is more confident, commenting “we certainly think everything will be ironed out soon.”

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Dec 27, 2024; San Jose, California, USA; San Jose Sharks center Macklin Celebrini (71) skates during warm ups before their game against the Vegas Golden Knights at SAP Center at San Jose

Macklin Celebrini and the Sharks Rookies Have Brought Good Vibes to a..

The rookie’s arrival has boosted spirits incongruously high inside the flagging franchise.
Mar 26, 2025; Indianapolis, Indiana, USA; Los Angeles Lakers forward LeBron James (23) in the first half Indiana Pacers at Gainbridge Fieldhouse.

The Creator Behind the LeBron ‘Glazing’ Trend Sweeping TikTok

FOS spoke to TikTok user OkaySpade who made the original song.
Mar 22, 2025; Providence, RI, USA; McNeese State Cowboys manager Amir Khan before a second round men’s NCAA Tournament game against the Purdue Boilermakers at Amica Mutual Pavilion

Inside the 24-Hour NIL March Madness Deals

Some of the most viral partnerships come together overnight.
Seattle Kraken

Samantha Holloway Is Seattle’s NHL Present—and Hopeful NBA Future

Samantha Holloway is steering the Kraken and hoping to revive pro hoops.

Featured Today

Brehanna Daniels

NASCAR Pit Crew Member Brehanna Daniels Didn’t Know She’d Be a Trailblazer

The first Black female tire changer didn’t know she’d be a trailblazer.
Columbia, SC - February 16, 2025 - Colonial Life Arena: Rebecca Lobo and Ryan Ruocco during a regular season game.
March 30, 2025

Inside Ryan Ruocco’s Rapid Rise to ESPN’s Top Voice of Women’s Hoops

The top voice became “quickly addicted” to calling the women’s game.
Mar 27, 2025; Newark, NJ, USA; Alabama Crimson Tide guard Chris Youngblood (8) and the Alabama Crimson Tide bench celebrate during the second half against the Brigham Young Cougars during an East Regional semifinal of the 2025 NCAA tournament at Prudential Center.
March 29, 2025

How Alabama Became College Basketball’s Newest Juggernaut

The Crimson Tide have found success rivaling their historic football program.
Kendall Coyne Schofield
March 25, 2025

Kendall Coyne Schofield Wants More for the Next Wave of Mom-Athletes

The Walter Cup–winning Frost captain says small changes mean “everything.”

New Masters Look Post-Hurricane: Augusta Has Fewer Trees, Fresh Greens

The home of The Masters suffered damage from Hurricane Helene in September.
March 28, 2025

Rays Home Opener Clouded by Stadium Drama, Mounting Criticism

Both Major League Baseball and Pinellas County call out the embattled franchise.
March 31, 2025

Clark Hunt: Chiefs Will Decide on Stadium Plans by Summer

The Chiefs owner also addresses TV, Patrick Mahomes, and the White House.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
March 25, 2025

Mets Owner’s $8 Billion Casino Plan Hinges on Coveted Gaming License

There is no fallback if the Mets owner doesn’t obtain a gaming license.
March 24, 2025

Minor League Parks, Major League Prices: Rays, A’s Face Tough 2025

The A’s and Rays combine to make a different kind of MLB history.
Hockey
March 20, 2025

Wild Ask Minnesota for $395 Million Toward Arena Upgrades

The team wants to turn the surrounding area into an entertainment district.
March 19, 2025

Browns Boost Stadium Commitment to $2B As Cleveland Battle Continues

The Browns want to build a dome in the suburbs of Cleveland.